Dollarmakers.com BLOG

Wednesday, March 14, 2007

Get Joint Venture Advice from the Right People


Where do you get advice about business and Joint Ventures? The source will determine the quality and the accuracy. Wrong advice is a surefire way to insure your failure, while good advice is the foundation of success.

Ayn Rand said, “Government ‘help’ to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off.” The fact is that government “officials” are incapable of teaching anyone about business. The government run “Self Employment Programs”, designed to get people off Unemployment Insurance and run by people who failed miserably in business and now teach other victims to do the same, are a good example. Government “Affirmative Action” is a socialist, collectivist recipe for disaster that disempowers the very people it claims to help.

The same goes for your bank manager. If your bank manager understood business, he would have a business and he’d be making real money. Right now, he has a job and he understands banking, and that’s about it; he may know something about fishing or fixing his bicycle, but definitely not business. Imagine asking a schoolteacher for business advice – that is the height of idiocy, and yet millions of vulnerable kids do just that.

Most academics do not understand business either – they understand books, exams, and qualifications. The only MBA that really matters is a Massive Bank Account. It’s like asking a virgin about childbirth or a smoker about self-discipline and healthy living. No. Go find someone who has had a few kids and you’ll get real information that is accurate and useful.

Check the source of your information. Are they online, Internet Gurus that hide behind the fake testimonials of their other online, con artist friends? Are they real? Did they ever actually make anybody any money? You can be anything and anyone online – ask your local pedophile. Deal with real people in the real world, who do real business and make real money. Do your due diligence. Look for a successful track record. I know of people who don’t have two cents to rub together, yet they offer to coach other people how to be successful. Many “business consultants” are really people who failed in their own businesses or got downsized or fired from corporate slavery.

Find people who have “been there, done that, got the T-Shirt, and survived the war”. Seek those who walk their talk. See whom they mix with – birds of the feather tend to flock together. Ask some hard questions. Do a criminal and credit check on them. Talk with their vendors, customers, competition, and parole officers before you follow their advice. Pear trees don’t bear grapes.

Robin J. Elliott www.DollarMakers.com